Pledge to Progress? Analyzing the Impact of the BLM Movement on Racial Mortgage Approval Rate Gaps

Authors

John McCormick, Case Western Reserve UniversityFollow
Tom Lin, Case Western Reserve UniversityFollow
Ashley Sah, Case Western Reserve UniversityFollow

Abstract

Following the surge of Black Lives Matter protests in 2020, prominent financial institutions announced their commitment to improving racial disparities in homeownership. Using the HMDA dataset from 2019-2022, this paper investigates the difference in home-loan approval rates between white and black borrowers in Ohio post Black Lives Matter movement using bank fixed effects. We found a statistically significant reduction in the approval rate gap between black and white borrowers post 2020.

Recommended Citation

McCormick, John; Lin, Tom; and Sah, Ashley (2024) "Pledge to Progress? Analyzing the Impact of the BLM Movement on Racial Mortgage Approval Rate Gaps," Case Western Reserve University Journal Of Economics: Vol. 2: Iss. 1, Article 7.
Available at: https://commons.case.edu/joe/vol2/iss1/7